Solo Oil Share Discussion Threads

[greatfull dead] 04/1/2017 10:55

c111, I personally hope not. SOLO have Horse Hill onshore UK. Planning permission submitted and expexted soon. HH could be a monster.....

[edgein] 04/1/2017 10:44

c311,

Possibly, NT has the potential to be a giant field if both of these next wells come in and its got a tiny cap. HH and Arreton (mini HH) are two very interesting appraisal development assets too for SOLO. 1-1.5Tcf onshore close to near term development (NR and JB suggested months not years) could attract the likes of our neighbours Maurel et Prom and Ophir, fingers crossed for good appraisal well results first though.

Regards,
Ed.

[brad44] 04/1/2017 10:44

dhelect,have you possibly put the poster on filter at some point in the past? check your filter list and unfilter.

[c31161] 04/1/2017 10:36

@prettydamocles @paul_rx8 I agree. I think Solo is a takeover target very soon. Just IMHO.

[c31161] 04/1/2017 10:36

@prettydamocles @paul_rx8 I agree. I think Solo is a takeover target very soon. Just IMHO.

[c31161] 04/1/2017 10:36

@prettydamocles @paul_rx8 I agree. I think Solo is a takeover target very soon. Just IMHO.

[c31161] 04/1/2017 10:35

@prettydamocles I reckon Solo has the money for Ntorya 3 already. Remember they are getting good monthly revenue from Killawani North gas.

[c31161] 04/1/2017 10:35

@prettydamocles I reckon Solo has the money for Ntorya 3 already. Remember they are getting good monthly revenue from Killawani North gas.

[c31161] 04/1/2017 10:34

@prettydamocles I reckon Solo has the money for Ntorya 3 already. Remember they are getting good monthly revenue from Killawani North gas.

[edgein] 04/1/2017 08:54

Dhelect,

Yes I'm replying to GD's bb posts. I have no idea why you cannot see his posts on the bb.

lh,

Well the suggested time schedule in the RNS releases to date were 45-60 days, that's only a guide anyway as I'm sure you know results can come in before, during or after this suggested schedule, its O&G drilling after all. So I'm sticking with end of Jan-mid feb. Then hopefully testing of this appraisal well and on to NT-3!

Regards,
Ed.

[lithological heterogeneities] 04/1/2017 08:17

""21 Dec 2016. We are delighted to have confirmation of the start of drilling at the Ntorya-2 appraisal well in the Ruvuma Basin."+HTTp://www.proactiveinvestors.co.uk/companies/news/166365/ntorya-drilling-moves-closer-as-aminex-plc-signs-up-rig-contractor-166365.html"It is expected that the first well, Ntorya-2, will take 50-60 days to drill, followed by testing."--------------------------------------------------------------------------So not due until 08 Feb - 18 Feb 2017.

[dhelect] 03/1/2017 21:54

Edgein Sorry for asking but you seem to be replying to GD but for some reason I cannot see this persons post don't know why has anyone else got this problem ? Thanks

[greatfull dead] 03/1/2017 13:31

0.3p resistance will be broken in a day or two imo, hopefully for good........

[edgein] 03/1/2017 10:11

GD,

I think that was in one of the recent interviews perhaps with JB, cannot remember specifically where, that they had commenced site works. Site should be complete or almost complete before NT-2 TD if they stick to the original schedule. They were planning to drill this one and NT-3 back to back, so pad 3 needs to be ready once they demob from the NT-2 site. Hopefully they'll test NT-2, if necessary, with a completion rig. From memory as a former AEX holder, I think the old independent reports suggested a possible 3Tcf rather than the current 1.5Tcf if NT-3 were to be successful. Either way that would be an amazing amount of gas for onshore Tanz very close to the national pipeline. It would be Tanz's first giant onshore gas field, its all to play for at this stage.

Regards,
Ed.

[greatfull dead] 03/1/2017 09:49

Ed,

I think your correct about the civil works/pad prep completed at NT-3 site soon too. Aminex will want that drilled ASAP too.

ATB,
GD

[edgein] 03/1/2017 09:45

GD,

I wouldn't argue with that, the potential of turning 70Bcf into hundreds of Bcf on this well will crank up the pressure closer TD. I'm surprised we haven't cracked that 0.3p resistance and broken out to 0.4p by now, but there is still time yet. Folks can still buy close to where NR added at the start of last month. It'll be interesting to see where the share price is at the end of feb. Also I guess they'll have the civil works/pad prep completed at NT-3 site soon too.

Regards,
Ed.

[greatfull dead] 03/1/2017 09:36

Ed,

Watch the volume increase say at leased 2 fold nearer NT-2 TD time.

ATB,
GD

[edgein] 03/1/2017 09:17

LH,

No worries, its not just NT-2 we're waiting on its also HH planning permission which is also due around the end of this month which will allow a long term production test of the discovery, drilling of a production well (HH-1 sidetrack) and also HH-2. So its gonna be a busy few weeks for a £20m company, two potential company making projects coming up. Production from HH will add to the cash flow from KN-1.

Good volume again today with over 40m traded in the first hour or so, seems like the bargain hunters are out for the January sales. :)

Regards,
Ed.

[lithological heterogeneities] 03/1/2017 09:08

Thx ed. Much appreciated.

[edgein] 03/1/2017 09:08

LH,

Yes see the last few RNS regarding Tanz. Drill time is 45-60 days estimate to TD. So around the end of the month to mid feb expected TD.

Regards,
Ed.

[barony] 03/1/2017 08:38

Eager anticipation?

[runwaypaul] 03/1/2017 08:13

interesting action......

[lithological heterogeneities] 03/1/2017 07:21

Anyone know how long the drilling will take?Any link to confirm this ?

[greatfull dead] 30/12/2016 10:09

Ed,

Of course I will.

ATB,
GD

[edgein] 30/12/2016 09:28

Hi GD,

No, not got PVR on my watchlist at present, hopefully you'll keep me updated through the messages.

Regards,
Ed.